The (Western) Need For Vengeance
They hadn’t suffered yet but were preparing to, and they were perplexed by their inability to figure out who had the idea for this game. “If I knew more I could find someone to blame,” said Linda Burke, a 57-year-old service consultant at AT&T Inc. in Atlanta, speaking, no doubt, for the American people. (via Let’s start by finding some people to behead – Money Matters – livemint.com).
The Earlier Collapses
During the tech meltdown, it was Bernie Ebers (Worldcom) and the Enron guys who were made the fall guys. In the 1989, it was Mike Millken.
But how about indicting Alan Greenspan and Ben Bernake?
These ‘incidents’ also talk about the a Western need for vengeance. Or am I reading too much into these posts!
“The scale of this problem has been unprecedented and I expect the response will be, too,” said Robert Mintz, a former federal prosecutor and now a partner at the law firm McCarter and English. Someone is going to have to pay for sending the financial world into a panic and wiping out the savings of millions. (The hunt begins to punish the culprits – Times Online).